HousingHandbookReference data

U.S. ZIP Code · NJ08872

Middlesex County · New York-Newark-Jersey City, NY-NJ

Typical home value

$534,834[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+5.2%
5-year / yr
+4.2%
10-year / yr
+4.8%

Relative price

vs U.S.
+88.3%
vs metro
-26.7%
vs state
-6.1%
ZIP 08872 location in NJ
Location of ZIP 08872 in NJ

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 08872 is worth $534,834 — 26.7% below the New York-Newark-Jersey City, NY-NJ median. Over the past year, values have risen 5.2%. Homes here rent for a typical $2,729 a month — a 6.1% gross rental yield. The effective property tax rate is 2.0%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$2,729[2]
Gross yield
6.1%[2]
Cap rate
3.7%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
2.0%[3]
Typical annual tax
$10,471[3]

#Climate risk

FEMA National Risk Index ratings for Middlesex County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively High[4]
Riverine flood
Relatively High
Coastal flood
Relatively High
Wildfire
Relatively Low
Drought
Relatively Moderate
Heat wave
Relatively Moderate
Hurricane
Relatively Moderate
Tornado
Relatively High
Earthquake
Relatively Moderate
Winter weather
Very High

#Who lives here

Population
20,204[3]
Median household income
$97,489[3]

#Migration

Household moves in and out of Middlesex County over a year, from IRS tax-return data.

Net migration
-3,628[5]
Moved in
21,716
Moved out
25,344

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
1
Elementary
1
Middle
0
High
0
  • Woodrow Wilson Elementary School

    Elementary · Grades PK–3 · Sayreville School District

    396 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield6.1%
Net yield (after ~40% expenses)3.7%
Annual rent$32,742

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$2,704
Loan principal$427,867
Down payment$106,967
Total interest paid$545,721

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio1.47
Monthly cost to own$4,024
Monthly rent$2,729

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
21st percentile[1]
Rental yield
81st percentile[2]
Property tax
67th percentile[3]

Frequently asked

How much is a home worth in ZIP code 08872?
The typical home in 08872 is worth $534,834, based on the Zillow Home Value Index.
Are home values rising in 08872?
Home values in 08872 are up 5.2% over the past year, and up 4.2% a year over five years.
What is the typical rent in 08872?
A typical home in 08872 rents for about $2,729 a month, a gross rental yield of 6.1%.
What is the property tax rate in 08872?
The effective property tax rate in 08872 is 2.0% — roughly $10,471 a year on a typical home.
Who lives in 08872?
ZIP code 08872 has a population of 20,204 and a median household income of $97,489.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Port Reading CDP, NJ

    Typical home
    $534,396
    Gross yield
  • Paterson, NJ

    Typical home
    $535,533
    Gross yield
  • Fords CDP, NJ

    Typical home
    $535,604
    Gross yield
    5.3%
  • Ledgewood CDP, NJ

    Typical home
    $533,536
    Gross yield
    6.1%
  • Jersey City, NJ

    Typical home
    $536,391
    Gross yield
    5.3%
  • New York, NY

    Typical home
    $536,679
    Gross yield
    6.3%

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